NOT LISTED FOR SALE

1662 E Valley Rd Santa Barbara, CA 93108

Estimated Value: $5,374,000 - $8,365,000

4 Beds
0.5 Bath
5,281 Sq Ft
$1,348/Sq Ft Est. Value

Highlights

  • Fruit Trees
  • Marble Flooring
  • Furnished
  • Santa Barbara Senior High School Rated A-
  • Sun or Florida Room
  • Den

About This Home

As of November 2012

This gated Montecito estate is an extraordinary example of French living, complete with period furniture and details. Four bedroom suites, each with its own bathroom, and an atrium reminiscent of a French Cafe, resplendent with glass & marble. Includes gardeners and maid service.

Last Agent to Rent the Property

Douglas MacGillvray

Coldwell Banker Realty Listed on: 06/10/2012

Home Details

Home Type

  • Single Family

Year Built

  • 1951

Lot Details

  • Gated Home
  • Partially Fenced Property
  • Lot Sloped Down
  • Fruit Trees
  • Property is in good condition

Interior Spaces

  • 1-Story Property
  • Furnished
  • Skylights
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Sun or Florida Room
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Parquet
  • Carpet
  • Marble
  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 0.5 Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Open Parking

Additional Features

  • Property is near shops and bus stop
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Property Available on 6/10/12

Home Details

Home Type

Single Family

Year Built

1951

Lot Details

1.08 Acres

Listing Details

  • Prop. Type: ResidentialLease
  • Reso Property Sub Type: Home/Estate
  • NumberUnfurnished: Furnished
  • Architectural Style: Other
  • Reso Flooring: Marble, Parquet, Tile, Wood/Laminate
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Good
  • Condition Good2: Yes
  • Property Information:Date Available: 2012-06-10
  • Property Information Total Bathrooms2: 5.0
  • Construction Single Story: Yes
  • View Setting: Yes
  • GroundsLandscaping Fruit Trees: Yes
  • Appliances Included Gas Range: Yes
  • Fireplace(s) Living Room: Yes
  • Furnishings Fully Furnished: Yes
  • ParkingGarage Gar #23: Yes
  • LocationTopo Downslope: Yes
  • Proximity Near Shopping: Yes
  • HeatingCooling GFA2: Yes
  • GroundsLandscaping Fenced Partial: Yes
  • Rooms Ground Floor Bedroom: Yes
  • Dining Breakfast Area: Yes
  • Dining Formal: Yes
  • FlrWdw Coverings Carpet2: Yes
  • FlrWdw Coverings Tile: Yes
  • Proximity Near Bus2: Yes
  • Pets No: Yes
  • Appliances Included OvenBltin: Yes
  • Rooms:Family Room: Yes
  • HeatingCooling AC Central: Yes
  • Security Gate Electric: Yes
  • FlrWdw Coverings Marble: Yes
  • Rooms DenLibraryStudy: Yes
  • FlrWdw Coverings WoodLaminate: Yes
  • ParkingGarage Unc #23: Yes
  • FlrWdw Coverings Parquet: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Appliances: Gas Range, Oven/Blt-in, Dishwasher, Disposal, Dryer, Refrigerator, Washer
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Appliances Included:Dryer: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Other Rooms:Sunroom: Yes

Exterior Features

  • View: Setting
  • Exterior Features: Fenced Partial, Fruit Trees

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Gar #2, Unc #2

Utilities

  • Heating: GFA
  • HeatingYN: Yes

Association/Amenities

  • Interior Amenities:Pantry: Yes
  • Amenities:Skylight: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2023
Sold by
Wilkie Michael L
Bought by
Henricks Bonnie Wilkie
Current Estimated Value
$6,306,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,433,150
Interest Rate
6.39%
Mortgage Type
Seller Take Back
Estimated Equity
$4,684,728

Purchase Details

Closed on
Jun 6, 2023
Sold by
Wilkie Michael L
Bought by
Henricks 2021 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,433,150
Interest Rate
6.39%
Mortgage Type
Seller Take Back
Estimated Equity
$4,684,728

Purchase Details

Closed on
Jun 5, 2023
Sold by
Henricks 2021 Trust
Bought by
Wilkie Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,433,150
Interest Rate
6.39%
Mortgage Type
Seller Take Back
Estimated Equity
$4,684,728

Purchase Details

Closed on
May 30, 2023
Sold by
Wilkie Michael Leighton
Bought by
Montecito Palace Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,433,150
Interest Rate
6.39%
Mortgage Type
Seller Take Back
Estimated Equity
$4,684,728

Purchase Details

Closed on
Jun 19, 2003
Sold by
Henricks Bonnie and Wilkie Michael L
Bought by
Wilkie Michael L

Purchase Details

Closed on
Dec 21, 1998
Sold by
Wilkie Adele
Bought by
Wilkie Adele and Henricks Bonnie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Henricks Bonnie Wilkie $1,000 Chicago Title Company
Henricks 2021 Trust $1,000 Chicago Title Company
Wilkie Michael L $1,000 Chicago Title Company
Montecito Palace Llc $5,000,000 Chicago Title Company
Wilkie Michael L -- --
Wilkie Adele -- --
Wilkie Adele -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montecito Palace Llc $2,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2012 11/16/12 Rented -- -- --
10/17/2012 10/17/12 Under Contract -- -- --
06/10/2012 06/10/12 For Rent $13,000 -- --
Source: Santa Barbara Multiple Listing Service

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $54,301 $5,202,000 $3,121,200 $2,080,800
2023 $54,301 $5,610,000 $2,550,000 $3,060,000
2022 $12,070 $994,214 $73,795 $920,419
2021 $11,848 $974,721 $72,349 $902,372
2020 $11,732 $964,728 $71,608 $893,120
2019 $11,341 $945,812 $70,204 $875,608
2018 $11,148 $927,268 $68,828 $858,440
2017 $10,885 $909,087 $67,479 $841,608
2016 $10,546 $891,262 $66,156 $825,106
2015 $10,227 $877,876 $65,163 $812,713
2014 -- $860,681 $63,887 $796,794
Source: Public Records

Agents Affiliated with this Home

  • D

    Landlord's Agent in 2012

    Douglas MacGillvray

    Coldwell Banker Realty

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: RN-10480

Santa Barbara Multiple Listing Service

APN: 007-120-049

California Santa Barbara County Santa Barbara 93108

1662 E Valley Rd, Santa Barbara, CA

Not Listed for Sale

Detached

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